Shares of Concurrent Technologies Plc (LON:CNC – Get Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 146.91 ($1.90) and traded as high as GBX 168 ($2.17). Concurrent Technologies shares last traded at GBX 165.10 ($2.13), with a volume of 337,691 shares trading hands.
Concurrent Technologies Trading Down 9.3 %
The firm has a market capitalization of £130.46 million, a price-to-earnings ratio of 25.82 and a beta of 0.69. The firm’s 50-day moving average is GBX 175.49 and its 200 day moving average is GBX 147.07. The company has a current ratio of 5.11, a quick ratio of 1.86 and a debt-to-equity ratio of 1.54.
Insider Activity
In related news, insider Brent Salgat sold 10,000 shares of Concurrent Technologies stock in a transaction on Wednesday, February 26th. The shares were sold at an average price of GBX 166 ($2.14), for a total transaction of £16,600 ($21,413.83). Insiders own 8.96% of the company’s stock.
Concurrent Technologies Company Profile
Concurrent Technologies Plc develops and manufactures high-end embedded computer products for use in a wide range of high-performance, long-life cycle applications within the telecommunications, defence, security, telemetry, scientific and aerospace markets, including applications within extremely harsh environments.
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